SEBI Proposes Single Master Circular For Exchanges, Separate Framework For Clearing Corporations

On 22 June, the Securities and Exchange Board of India (SEBI) announced a comprehensive review of its Master Circulars governing stock exchanges, clearing corporations, and commodity derivatives, aimed at simplifying compliance requirements for securities market participants. SEBI said the exercise seeks to simplify content, remove redundancies, streamline periodic filings, and consider stakeholder suggestions. As part of the initiative, the Board issued four consultation papers covering...

SEBI Launches Securities Market TechSprint To Tackle Market Challenges Through Innovation

The Securities and Exchange Board of India (SEBI) has launched the Securities Market TechSprint at the Global Fintech Fest 2026 to encourage the development of technology-driven solutions to challenges in India's securities market. The initiative, launched in collaboration with market infrastructure institutions and industry bodies, is themed “Innovation in Action: Shaping Securities Market for Tomorrow.” The TechSprint invites innovators to develop technology solutions for challenges such as...

SEBI Board Approves Open Market Buy-Backs, Mutual Fund Intraday Borrowing

The Securities and Exchange Board of India (SEBI) on Friday approved a range of measures, including the reintroduction of open market buy-backs through stock exchanges, intraday borrowing by mutual funds, and a simplified framework for transmission of securities. The decisions were taken at the 214th meeting of the SEBI Board held in Mumbai. The regulator also approved a faster processing mechanism for Alternative Investment Funds (AIFs), changes relating to municipal bonds and securitised debt...

SEBI Proposes Major Overhaul Of MTF Framework, Raises Broker Net-Worth Requirement To ₹5 Crore

On Thursday, 18 June, the Securities and Exchange Board of India (SEBI) proposed a comprehensive overhaul of the Margin Trading Facility (MTF) framework, including an increase in the minimum net worth requirement for stock brokers offering MTF from Rs. 3 crore to Rs. 5 crore, as part of measures to strengthen risk management. In a consultation paper, SEBI said the review stems from rising MTF trading volumes and aims to tighten risk controls while improving ease of doing business. Among the...

HDFC Property Fund, HDFC Capital Advisors Settle Proceedings Over Delayed Winding Up Of Venture Capital Schemes

HDFC Property Fund and HDFC Capital Advisors Limited have settled proceedings before the Securities and Exchange Board of India (SEBI) by paying ₹26.01 lakh in a matter concerning the delayed winding up of two venture capital fund schemes. The settlement order was passed by SEBI Whole Time Members Amarjeet Singh and Kamlesh C. Varshney after the entities filed suo motu settlement applications under the SEBI (Settlement Proceedings) Regulations, 2018. The applicants proposed to settle the matter...

SEBI Warns Investors Against Trading Unlisted Shares On Unauthorised Platforms

The Securities and Exchange Board of India (SEBI) has cautioned investors against trading securities of unlisted public limited companies through unauthorised electronic platforms and websites.In a press release issued on Tuesday, SEBI said it had come to its notice that certain electronic platforms and websites were facilitating transactions and trading in securities of unlisted public limited companies.It stated that press releases were earlier issued cautioning investors against conducting...

SEBI Penalises OnePaper Research Analysts ₹30 Lakh For Failing To Monitor Employee Communications

The Securities and Exchange Board of India (SEBI) on Tuesday imposed a penalty of ₹30 lakh on Bengaluru-based OnePaper Research Analysts Private Limited. The regulator found that the firm failed to maintain adequate controls over employee communications with clients and did not ensure compliance with regulatory requirements governing research analysts. The order was passed by Adjudicating Officer Amit Kapoor following proceedings arising from an inspection covering the period between April...

SEBI Allows AIFs To Retain Proceeds Beyond Fund Life For Litigation, Tax Demands, Other Liabilities

The Securities and Exchange Board of India (SEBI) on Tuesday issued fresh guidelines governing the winding up of Alternative Investment Funds (AIFs), including the retention of proceeds beyond the permissible fund life and the introduction of an "Inoperative Fund" framework. The circular permits AIFs to retain liquidation proceeds beyond their permissible fund life to meet liabilities arising from pending litigation, tax or regulatory demands, anticipated liabilities arising from possible...

SEBI Revises ETF Trading Norms, Introduces Dynamic Price Bands For Equity, Debt and Commodity ETFs

The Securities and Exchange Board of India (SEBI) on Monday revised the trading framework for Exchange Traded Funds (ETFs) by linking ETF price bands to the previous day's closing price and introducing dynamic price bands for equity, debt and commodity ETFs. SEBI observed that the existing ETF framework involved a one-day lag in determining the base price and that the fixed price bands were not commensurate with movements in the underlying assets. Accordingly, based on recommendations of the...

Angel One Settles SEBI Proceedings Over Alleged Supervisory Lapses, Pays ₹4.28 Crore

Stockbroker Angel One Limited has settled adjudication and enquiry proceedings initiated by the Securities and Exchange Board of India. The settlement follows payment of ₹4.28 crore in relation to allegations concerning its handling of certain activities of two authorised persons. In the order passed on Monday, SEBI Adjudicating Officer and Designated Authority Medha Sonparote observed: "In view of the receipt of settlement amount by SEBI, the instant Adjudication and Enquiry Proceedings...

SEBI Proposes Harmonised Price Bands, Pre-Open Auction Base Prices For Stocks Listed On Multiple Exchanges

The Securities and Exchange Board of India (SEBI) on Thursday issued a consultation paper proposing a common mechanism for determining the base price in the pre-open call auction session. It also proposed a uniform approach for fixing price bands for stocks listed on multiple stock exchanges. SEBI noted that the previous day's closing price is used to determine the base price for the pre-open session and the applicable price bands. However, each exchange currently calculates these price bands...

SEBI Proposes Consolidated Pay Disclosures For Mutual Fund AMCs, Flags Privacy Concerns

The Securities and Exchange Board of India (SEBI) has proposed replacing employee-wise remuneration disclosures by Asset Management Companies (AMCs) with consolidated disclosures. The market regulator said the move is aimed at streamlining the disclosure framework while maintaining transparency for unitholders. In a consultation paper issued on June 10, 2026, SEBI proposed that AMCs disclose aggregate remuneration paid to key categories of employees, along with the number of employees covered...